Life brings a range of financial questions that when answered properly can lead to long-term success.
But when the questions are never addressed trouble may lie ahead and often does. Addressing questions holistically and developing a sound strategy includes:
- Budgeting
- Funding for retirement security
- Children’s education
- Elder care
- Special health needs
- Optimizing taxes
- Employee benefits
- Properly handling transactions such as:
- Major purchases
- Mortgages and loans
- Business Partnerships
- Estate and trust planning
- Determining proper investment risk and strategy
These should be answered but many people’s responsibilities distract them from taking the time to gain a necessary overview.
Financial Planning is the solution to this dilemma. We provide a suite of financial planning resources that begins with a careful assessment of your unique situation, and we map out a strategic plan to help you address your needs across time. However, beware because should a person have a CFP® Financial Planner designation, that doesn’t guarantee they are the right choice to serve your long term needs.
Why?
This is because a large percentage of financial planners are engaged in commission- based sales activities. In fact, Financial Planning was originally designed as a technique to gain trust that will lead to the sale of life insurance or other high-commission financial products. This hasn’t changed much despite the passage of decades and marketing of the Certified Financial Planner brand.